Fintech startups are revolutionizing the traditional financial services industry by providing innovative solutions that cater to the changing needs of consumers and businesses. The global fintech market is expected to grow at a CAGR of 23.58% between 2021 and 2025, solidifying its unprecedented trajectory. The widespread adoption of digital platforms and devices has been one of the main drivers of this fintech revolution.
Climate fintech in particular is a rapidly growing field that holds immense potential for leveraging digital transformation and reworking the financial sector to benefit both people and the planet. By addressing climate change risks, it can support climate action by unlocking the potential of climate finance and realizing the goals of the Paris Agreement to reduce greenhouse gas emissions and improve resilience to climate change.
Climate fintech business models are emerging at an unprecedented pace, thanks to supportive policies and government initiatives. These models are utilizing digital technologies and financial product innovations to…